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Dorchester Minerals, L.P. (DMLP)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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14.21-0.17 (-1.18%)
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Previous Close14.38
Open14.32
Bid14.11 x 1100
Ask14.23 x 1300
Day's Range14.03 - 14.32
52 Week Range9.90 - 15.15
Volume68,173
Avg. Volume61,567
Market Cap492.8M
Beta (5Y Monthly)1.38
PE Ratio (TTM)23.30
EPS (TTM)0.61
Earnings DateFeb 25, 2021
Forward Dividend & Yield1.27 (8.85%)
Ex-Dividend DateJan 29, 2021
1y Target EstN/A
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
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-22% Est. Return
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  • GlobeNewswire

    Dorchester Minerals, L.P. Announces 2020 Results

    DALLAS, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today the Partnership’s net income for the year ended December 31, 2020 of $21,867,000, or $0.61 per common unit. A comparison of the Partnership’s consolidated results for the twelve month periods ended December 31, 2020 and 2019 are set forth below: Twelve Months Ended December 31, 2020 2019Operating Revenues$46,928,000 $78,799,000 Net Income$ 21,867,000 $ 52,765,000 Net Income Per Common Unit$0.61 $1.50 The Partnership’s independent engineering consultant estimated its total proved oil and natural gas reserves to be 89.8 billion cubic feet of natural gas equivalents (bcfe) as of December 31, 2020. Approximately 15% of these reserves are attributable to the Partnership’s Net Profits Interests and 85% are attributable to its Royalty Properties. Natural gas accounted for 38% of proved reserves as of December 31, 2020, all of which were classified as proved developed producing. The Partnership distributed a total of $44.1 million to its common unitholders from May 2020 through February 2021 attributable to 2020 activity. Dorchester Minerals, L.P. is a Dallas based owner of producing and non-producing crude oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests in 27 states. Its common units trade on the NASDAQ Global Select Market under the symbol DMLP. FORWARD-LOOKING STATEMENTS Portions of this document may constitute "forward-looking statements" as defined by federal law. Such statements are subject to certain risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected. Examples of such uncertainties and risk factors include, but are not limited to, changes in the price or demand for oil and natural gas, changes in the operations on or development of the Partnership’s properties, changes in economic and industry conditions and changes in regulatory requirements (including changes in environmental requirements) and the Partnership’s financial position, business strategy and other plans and objectives for future operations. These and other factors are set forth in the Partnership's filings with the Securities and Exchange Commission. Contact:Martye Miller (214) 559-0300

  • GlobeNewswire

    Dorchester Minerals, L.P. Announces Its Fourth Quarter Distribution

    DALLAS, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (NASDAQ:DMLP) announced today the Partnership’s fourth quarter 2020 cash distribution. The distribution of $0.242260 per common unit represents activity for the three-month period ended December 31, 2020 and is payable on February 11, 2021 to common unitholders of record as of February 1, 2021. Cash receipts attributable to the Partnership’s Royalty Properties during the fourth quarter totaled approximately $8.2 million. Approximately 79% of these receipts reflect oil sales during September 2020 through November 2020 and gas sales during August 2020 through October 2020, and approximately 21% from prior sales periods. Cash Receipts attributable to the Partnership’s Net Profits Interests during the fourth quarter totaled approximately $1.7 million. Approximately 71% of these receipts reflect oil sales and gas sales during August 2020 through October 2020, and approximately 29% from prior sales periods. Cash receipts attributable to lease bonus and other income during the fourth quarter totaled approximately $1.3 million. Dorchester Minerals, L.P. is a Dallas-based owner of producing and non-producing oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests located in 27 states. Its common units trade on the Nasdaq Global Select Market under the symbol DMLP. This release serves as qualified notice to nominees as provided for under Treasury Regulation Section 1.1446-4(b)(4) and (d). Although a portion of Dorchester Minerals, L.P.’s income may not be effectively connected income and may be subject to alternative withholding procedures, brokers and nominees should treat 100% of Dorchester Minerals, L.P.’s distributions to non-U.S. investors as being attributable to income that is effectively connected with a United States trade or business. Accordingly, Dorchester Minerals, L.P.’s distributions to non-U.S. investors are subject to federal income tax withholding at the highest marginal rate for individuals or corporations, as applicable. Nominees, and not Dorchester Minerals, L.P., are treated as withholding agents responsible for withholding on distributions received by them on behalf of non-U.S. investors. FORWARD-LOOKING STATEMENTS Portions of this document may constitute "forward-looking statements" as defined by federal law. Such statements are subject to certain risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected. Examples of such uncertainties and risk factors include, but are not limited to, changes in the price or demand for oil and natural gas, changes in the operations on or development of the Partnership’s properties, changes in economic and industry conditions and changes in regulatory requirements (including changes in environmental requirements) and the Partnership’s financial position, business strategy and other plans and objectives for future operations. These and other factors are set forth in the Partnership's filings with the Securities and Exchange Commission. CONTACT: Contact: Martye Miller (214) 559-0300

  • Is Dorchester Minerals (DMLP) A Good Stock To Buy Now?
    Insider Monkey

    Is Dorchester Minerals (DMLP) A Good Stock To Buy Now?

    In this article we will take a look at whether hedge funds think Dorchester Minerals LP (NASDAQ:DMLP) is a good investment right now. We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, unconventional data sources, expert networks, and get tips […]